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EDMONTON - Edmonton will see the biggest jump in housing prices in Canada this year, according to a major Scotiabank study released Wednesday.! l- K8 h( Y6 P0 D/ m: g0 H y% m
! w3 q( y3 f' n* d; n"Edmonton is the only city to meet all three criteria of strong demand, tight supply and affordability," said Scotiabank economist Adrienne Warren, who studied 23 Canadian cities.. ]2 G; j9 v; v# s
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"This powerful combination will sustain a market-leading pace of construction, sales and / p+ ~5 D9 h; t# X" V
Housing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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